Cleantech & EV'sNews

XPeng launches its new AI-powered MONA M03 Max BEV in China for under $20,000

Eight days after publicly unveiling a new Max variant of its already popular MONA M03 sedan, XPeng Motors has officially launched it in China at an insanely low price of RMB 139,800 ($19,400). For those prices, MONA M03 Max drivers will gain access to some of XPeng’s most advanced AI-centric technologies. Less than a year ago, XPeng Motors gave the public its first hint at a new model that…
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Cleantech & EV'sNews

Tesla is losing money insuring its own cars

Tesla’s insurance products are currently unsustainable, according to a new report that shows the company is losing money insuring its own cars. Tesla vehicles have long had a reputation for being expensive to insure. The automaker tried to address the situation on multiple…
Cleantech & EV'sNews

Electric cargo bikes grow in popularity in the US, making cargo bike shows a thing

Cargo e-bikes have long been a staple in European cities, seamlessly blending utility with eco-friendly transportation. Now, the U.S. is catching up, not just in adoption but in celebration. Believe it or not, a country long known for chrome and exhaust-filled car shows will soon be getting one of its first electric cargo bike shows. The city of Bend, Oregon, is set to host its inaugural Coffee…
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Cleantech & EV'sNews

BYD starts a new EV price war in China

BYD has triggered another EV price war in China by slashing the price of several models, sending the stocks of local EV automakers sinking. China is the largest auto market in the world. It is also the largest and most competitive electric vehicle market since Chinese…
Cleantech & EV'sNews

Xiaomi officially unveils its YU7 SUV and is gunning straight for the Tesla Model Y in China

At last! After plenty of teaser tidbits earlier this week, Chinese smartphone giant and young EV automaker Xiaomi has given us (nearly) all the details of its new YU7 SUV, inside and out, including its official launch plans. Originally described as a direct competitor to the Tesla Model Y, Xiaomi did not shy away from several direct comparisons during the YU7’s debut event. Considering this is…
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Cleantech & EV'sNews

HiPhi financially rescued by Lebanon's EV Electra, BEV development to resume soon

Remember HiPhi, the ultra-futuristic EV brand led by Human Horizons? It’s been over a year since the company went on a six-month hiatus after failing to find additional funding, but it has reportedly found a savior in a Lebanese investor called EV Electra. EV Electra is taking over a majority stake and plans to resume vehicle development and production in China immediately. HiPhi was a radical…
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